Brazilian cosmetics maker Natura said on Thursday it has agreed to sell its Avon International unit to holding firm Regent, ending a long period of uncertainty after announcing last year it was weighing alternatives for the business arm.
The sale of the unit, which aggregates Avon’s businesses outside Natura’s key Latin American market, sent Sao Paulo-traded shares in the company up more than 13%.
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Natura has been carrying out divestitures as part of a broader strategy t… [1383 chars]
Source: Reuters | Published: 2025-09-18T12:08:42Z
Credit: Reuters
